Member Info for Camelot1

Paul you have not been very nice to Oleo recently. I have spoken to him in the past and I find him very bright. He also has a good understanding of the exploration business. I think he has POQ figured out, as I believe I do. Now be a good boy and put away that nearly empty bottle of single malt. I suppose your years at CIBC had a negative impact. I worked for the place many years ago and it was brutal. We had an expression that "beatings would continue until morale improved". So spend a couple of quid and see a therapist. As for POQ, he remains in my eyes Captain Obvious. I liken him to a rat that can smell cheese. Maybe Paul you can explain why back in 2017 after the results of Amungee 1 Falcon had a market capitalization of a half a billion canadian and now with the flow out of the side tracked well ( approx 7 times Amungee 1) we have a market cap of $150 million? Is that just due to market psychology? I really don't think so. Again this is obvious which justifies the moniker. POQ if you are reading this, which you are....do consider taking a shower to remove some of the filth.

Good luck all.

Camelot

There is no doubt in my mind that there is a force suppressing the share price. The trading initially following the news was very positive on the AIM. We were up 46%. Then the selling came in. Yesterday, much of the trading was at 7.75 or there abouts, however one trade for 8.40 out of now where. I think this was a real trade, and not part of suppression. On the TSX...most of the trading was at 14 cents and then right before the session closed a trade at 13.5 on dick. An obvious example of low end trading. A sign of manipulation. One question I have is where is the stock coming from? Most of the informed are not selling. If this was trading like it should we would be much much much much higher, as someone with a great deal of knowledge regarding the situation has said to me. Could this be the work of Viktor? Maybe....he has had issues before with the Swiss regulators and paid a big fine of I believe $38million dollars . Regardless...it's becoming clear that we are sitting on a big prize and at some suitors will be courting POQ. I have reason to suspect that POQ has already had discussions with the Chinese...and as I have previously stated these folks think long term, so our acreage is becoming of great interest to third parties. Much of the speculation regarding the asset is solved. The risk has been at least 80% de risked. This probably explains why POQ looked so relaxed on the Investor Meet session.

As for POQ suggesting a $500 value per acre on a farm down, I think this was just an example on a minimal scale as to what the value should be. Again in my opinion I think we may see a much higher value. Time to buckle up. And as I love to say...TIME FOR CHANGE.....which is finally approaching.

Thanks Schemiel for posting the numbers for the value of the average US shale acreage. I believe where we are at in the development of the Beetaloo is still early days BUT, the SSH1 well has definitely garnered some big attention as to how commercial the area is. The flow rates which are set to be coming shortly should confirm what we already suspect, and that is that the Beetaloo has enormous potential for majors or super majors. The payback as I understand it is 19 months on a pro forma basis, which is good. If Riddle can get the costs of each well down from $28 million to $16 million as he has stated is possible is huge for increasing the IRR, on each well and if this should happen will be a major attraction for investment by the institutional types. and acquirers in the future. POQ has the ability now to sit back and let the scene unfold. While some do not think that the flow rates will move things along much I disagree as this will be what the eyes in the data room want to see. In other words this will be a catalyst to move the would be buyers off the fence and into action. While TBN is only looking to farm down some 406,000 acres, a major or a super major like an Exxon will more than just a small position, which then should lead them to have a serious look at Falcon's position. My bet for a takeover of Falcon is more of an Asian partner as these folks look at things from a much longer perspective. They tend to look out over the next 25 plus years etc.

I suppose most of us have noticed this 7 share trade. In the past two weeks we have witnessed a fair bit of this trading which seems to move the stock on very little volume only to be be followed by reasonable volume...ie. 100,000 share trades which then moves the stock back to 6 pence. This is completely illogical from my perspective. Any thoughts out there as to why this is? Other than market makers following orders..

Does anyone have an idea as to how high the flare is?

Very encouraging indeed!

When I think back over the YEARS about Falcon's stock trading most of the big moves have come from an event. Back in 2017 it was the Keith Schaefer report on Falcon called " Catch 22" which lit a fire under the stock and took it from 10 cents to 49 cents in days. Again when the adjusted Amungee results came out showing an adjusted flow of 5.80 million cubic feet per day it moved the needle in a material way. Now we await flow rates from the side tracked well...which if you look at the results from the SSH1 well should prove to be quite exciting. POQ should be out there spreading some enthusiasm to the investment world.

I have to say I was surprised that POQ did not put more emphasis on the upcoming flow rates. I think it could be big flow and big news that will move the stock. Agreed that a farm down partner of a significant size will be a big boost to our position. According to Riddle's comments that there are many eyes in the data room. An Exxon or an EQT would be great news. I don't know of any promotion going on with POQ? Does anyone know of any ?

If we are now looking at production wells....this thing is worth way more than a buck a share......many times that in my opinion....so now with this whole US listing stuff...is POQ not out promoting in a big way....in is in his best interest....and ours...so what is the problem....does this guy have stage fright or something?....just get the show on the road....if you are going to be dealing with the Americans....they don't smoke used butts on the side walk....act like a someone and you will be treated accordingly.

It seems it's up big time today.....oh and I am waiting Oleo

Check your in box.....and please call

Could you call me? I would rather talk in person

We should talk....what's your phone number?

One of the issues I have to the research out of Cavendish. When the SSH1 well was being drilled....the research at the time indicated that if the flow was over 3 million we would be worth 37 pence. We got twice that amount which should indicate much more in value. Now with flow of around 6 million they are saying 32 pence. This does not compute to my way of thinking. As far as the trading is concerned....just an attempt to drive folks out of the stock.....it's sick

The trading is complete BS. It is coordinated across the pond and here in North America....just crap and POQ knows all about it in my opinion. Let's just shake the investors out before an announcement. POQ and Anne need to go

Maybe a possible solution is that we the frustrated and long suffering form an association to force our concerns to be addressed by POQ and the BOD. I think there are many issues that need to be dealt with properly. I think the big discount that BS got was a joke and a breach of fidicuary duty. The lack of following through on POQ's commitment to update us on the A2H screw up is just wrong. He promised us information from the lab in Texas and never followed through. This is a breach again in my opinion. We deserve much more. If we were all united this may change the attitude that currently exists.

I totally agree that a sale is close. As I have said before if POQ wanted to play the long game they would have done a big promotion upon the release of SSH 1 . He basically did nothing. More curious is why he and Nally and Anne and Tom Layman are spending so much time in Canada. I understand 2 trips in the last 8 weeks. I am pretty sure it wasn't to attend the Calgary Stampede....so in my opinion something is up. I think we have news quite soon. My best

First, Poods I hope you are feeling better! I think the letter to Nally was well justified. We as shareholders have a right to know that our management is working for all of us and not just themselves. The history of Origin's screw ups and promises that were not kept has been difficult. The introduction of Sheffield has been great operationally. Yet with the "stellar" results from the SSH1 well we are at basically all time lows in share price. This does not compute. I think back on the Irish Times article on Falcon and POQ by his own words indicated that shareholders were expecting a big return and yet we have not had this reward. If he cannot deliver or demonstrate that he can...then he should be replaced with someone who can . He has been given enough time now.

A good letter Oleo. However it may fall on deaf ears. We may have to look into legal action to get any where. It's a shame that we have to consider this considering the good news. However you might want to send a copy of your letter to Falcon's lawyer. He is Lloyd McCellan @ Bordner Ladner & Gerveis.